Where is the cheapest place to live in Portugal?

Without further ado, welcome to the cheapest parts of Portugal!
  • Castelo Branco. The city of Castelo Branco is located in central Portugal, near the Spanish border. ...
  • Santarém. ...
  • Viseu. ...
  • Viana do Castelo. ...
  • Figueira da Foz. ...
  • Ponta Delgada. ...
  • Alcobaça. ...
  • Évora.




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The Algarve The main attraction for pensioners in Portugal is of course the stunning Algarve region on Portugal's southern coast. This region is filled with golden beaches and impressive cliffs and in recent years has been recognised as the 'most affordable option in Europe for retirees' by Forbes.

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What is the cost of living in Portugal for a couple? Depending on your lifestyle, a couple should be able to get by with between $2,500 (€2,332) to $3,000 (€2,798) a month in Portugal outside the major cities. In major cities, particularly in the city center, expect to need a little more.

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Some cons of retiring in Portugal include the slow pace of life, which doesn't suit everyone, bureaucracy and long waiting times, the need to carry cash, no central heating, and relatively low salaries compared to other European countries.

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Cost of living in Spain vs Portugal If you belong to this category, the cost of health insurance is €30- €50 a month. On average, the cost of living in Spain is 4.3% more expensive than in Portugal, with Spain being cheaper on average for public transport and grocery costs.

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